IFC partners with National Bank of Ukraine (NBU) for financial inclusion strategy

The International Finance Corporation (IFC) has partnered with the National Bank of Ukraine (NBU) to develop a financial inclusion strategy.  The strategy will address improving digital financial services, expanding access to underserved populations, and protecting consumer rights in Ukraine. The NBU is Ukraine’s central bank and maintained reserves of USD$28.8 billion as of August 2020. Ukraine’s digital transactions has been on the rise, from 25% in 2014 to nearly 50% in late 2019